Be in the know. 21 key reads for Wednesday…

  1. China Plans More Measures to Stabilize Economy as Recovery Slows (bloomberg)
  2. Inflation will work itself out and help drive the stock market higher as the Fed leans into a pivot, JPMorgan says (businessinsider)
  3. Stocks are set up to rally again as inflation drops and recession risks abate, Leuthold Group’s Jim Paulsen says (businessinsider)
  4. Emerging Markets Have Now Become the Safer Bet (institutionalinvestor)
  5. Why Fed Chair Powell may not be ‘overly hawkish’ at Jackson Hole, according to this JPMorgan portfolio manager (marketwatch)
  6. Goldman Says Hedge Funds Back Betting Big on Megacap Tech Stocks (bloomberg)
  7. Abandoning Value Stocks Requires Some Dubious Assumptions (bloomberg)
  8. China Reopens to Foreign Students After More Than Two Years (bloomberg)
  9. Ford’s New Electric Truck Is Big, Versatile, and Fast (barrons)
  10. Toll Lowers Deliveries Guidance as Rising Mortgage Rates Dent Demand (barrons)
  11. New-Home Sales Fall to Their Lowest Level in 6 Years (barrons)
  12. Jerome Powell Is Fighting Inflation — and Winning (bloomberg)
  13. Ejector seat included? James Bond’s Aston Martin sells for $2.4M (nypost)
  14. Home prices fell for the first time in 3 years last month – and it was the biggest drop since 2011 (cnbc)
  15. First-time buyers show more demand for mortgages, even as interest rates rise (cnbc)
  16. Nobel prize winner says the U.S. needs a 1950s-style productivity boom (cnbc)
  17. China needs to be ‘more aggressive’ in addressing slowing growth, investor says (cnbc)
  18. Drilling Down on Henry Schein (wsj)
  19. Junk-Bond Rally Trips Over Rate-Hike Fears (wsj)
  20. Don’t count on the Fed to hike by 75 basis points as it sticks to its slowdown at Jackson Hole, Goldman Sachs says (businessinsider)
  21. Fed Balance Sheet Shrinkage Kicks Into High Gear In September (zerohedge)